First National Bank Sioux Falls maintained its position in shares of Anheuser Busch Inbev SA (NYSE:BUD) during the second quarter, Holdings Channel reports. The institutional investor owned 6,028 shares of the company’s stock at the end of the second quarter. Anheuser Busch Inbev SA makes up approximately 2.5% of First National Bank Sioux Falls’ investment portfolio, making the stock its 9th largest position. First National Bank Sioux Falls’ holdings in Anheuser Busch Inbev SA were worth $794,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of BUD. BlackRock Group LTD increased its position in shares of Anheuser Busch Inbev SA by 33.7% in the first quarter. BlackRock Group LTD now owns 108,044 shares of the company’s stock worth $13,469,000 after buying an additional 27,251 shares during the period. BlackRock Inc. increased its position in shares of Anheuser Busch Inbev SA by 140.1% in the first quarter. BlackRock Inc. now owns 152,702 shares of the company’s stock worth $19,036,000 after buying an additional 89,095 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Anheuser Busch Inbev SA by 503.4% in the first quarter. Franklin Resources Inc. now owns 2,106,090 shares of the company’s stock worth $262,545,000 after buying an additional 1,757,062 shares during the last quarter. Willingdon Wealth Management increased its position in shares of Anheuser Busch Inbev SA by 72.3% in the first quarter. Willingdon Wealth Management now owns 24,009 shares of the company’s stock worth $2,993,000 after buying an additional 10,076 shares during the last quarter. Finally, Ngam Advisors L.P. increased its position in shares of Anheuser Busch Inbev SA by 13.5% in the first quarter. Ngam Advisors L.P. now owns 121,767 shares of the company’s stock worth $15,179,000 after buying an additional 14,469 shares during the last quarter.

Anheuser Busch Inbev SA (NYSE:BUD) traded up 0.46% during midday trading on Tuesday, reaching $125.88. 506,349 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $125.13 and its 200-day moving average price is $125.02. Anheuser Busch Inbev SA has a 1-year low of $103.19 and a 1-year high of $132.91. The company has a market capitalization of $202.38 billion and a PE ratio of 53.25.

Anheuser Busch Inbev SA (NYSE:BUD) last released its quarterly earnings data on Friday, July 29th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.06. The firm had revenue of $10.81 billion for the quarter, compared to analysts’ expectations of $10.93 billion. Anheuser Busch Inbev SA’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the firm posted $1.21 earnings per share. Equities analysts expect that Anheuser Busch Inbev SA will post $3.70 EPS for the current year.

A number of equities analysts have recently issued reports on BUD shares. Susquehanna reaffirmed a “buy” rating on shares of Anheuser Busch Inbev SA in a research report on Sunday, July 17th. Vetr downgraded Anheuser Busch Inbev SA from a “strong-buy” rating to a “buy” rating and set a $130.17 price target on the stock. in a research report on Monday, May 23rd. HSBC reaffirmed a “buy” rating on shares of Anheuser Busch Inbev SA in a research report on Thursday, June 30th. Investec upped their price target on Anheuser Busch Inbev SA from $126.22 to $136.95 and gave the stock a “buy” rating in a research report on Wednesday, June 1st. Finally, Kepler Capital Markets raised Anheuser Busch Inbev SA from a “hold” rating to a “buy” rating in a research report on Monday, August 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $133.26.

Anheuser Busch Inbev SA Company Profile

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

5 Day Chart for NYSE:BUD

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